Trinkets Company made total purchases of $275,000 in the most current year. It paid freight in of $3,000 on its purchases. Freight out, the cost to deliver the merchandise when it was sold to Trinkets's customers, totaled $8,900. Of the total purchases Trinkets made during the period, it returned $24,500 of the merchandise. Trinkets took advantage of $2,300 of purchase discounts offered by its vendors. What was Trinkets's cost of inventory? 0/1 (0 ) (C Trinkets's cost of inventory is b) (C 0 hom vec